LVMH Moët Hennessy Louis Vuitton SE (LVMHF)
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LVMH goes fois gras as group buys famous Paris bistrot
French luxury giant LVMH completed its acquisition of Paris's famous restaurant "Chez L'Ami Louis", established in 1924, as the group continues its diversification push towards lifestyle and hospitality, the company said on Thursday.
The luxury conglomerate behind Cartier is beating LVMH at its own game
Richemont, the conglomerate behind brands like Cartier, is outperforming its competition. Its focus on hard luxury, like jewelry and watches, has helped it through a rough economic climate.
Who Owns the Most LVMH Stock Besides Bernard Arnault?
LVMH has become one of the world's largest brands. Bernand Arnault and his family own nearly half of the company.
LVMH: It's All About The Comps, Stay Patient Until Q3-24 (Rating Upgrade)
LVMH experienced its first year-over-year revenue decline since Covid, with currency headwinds offsetting organic growth in Q1-24. The company's revenue slowdown in Q1-24 raises questions about whether it is a long-term issue or just a matter of normalization. The answer to this question will be revealed in Q3-24.
